People selling properties have a lot on their plate. Many are simultaneously trying to sell their home while searching for a new place to live. Perhaps you’ve already found the perfect home but the sale is contingent on you selling your current house.
You must also juggle getting your home ready for the market, hiring a real estate agent, going to work, taking care of your family, and making sure you’re home is always ready for a tour. In other words, the sooner you can get your home sold, the better.
We want to make your life easier. Keep reading for our top eight expert tips on how to expedite the sale of your property listing.
1. Hire an Experienced Real Estate Agent
First, we recommend hiring a real estate agent who’s familiar with the area and the type of property you’re selling. For example, if you’re selling a commercial property, you wouldn’t want to hire a residential real estate agent with zero experience in the field of commercial real estate.
Real estate agents typically charge 3% of the home’s sale price. Though this may sound expensive, studies show that most homes sell for a far greater value with the help of a realtor. You’ll actually make more money selling with a realtor than you’d save by not hiring one.
2. Know the Current Local Housing Market
Before putting your house on the market, do a little homework about the local housing market. Find out what other homes in your neighborhood have sold for in the last three or four months. This will give you an accurate representation of what you can expect to get for your home.
Compare your home to those that have sold. This includes:
- Square footage
- Property size
- Amenities and features (garage, shop, shed, pool, outdoor kitchen, etc.)
- Number of rooms and bathrooms
- Recent updates
- And more
Try to be as objective as possible. Most homeowners see more value in their homes than what is dictated by the housing market.
3. Declutter or Move Out of the Home
When selling properties, depersonalizing the space is the best way to appeal to the majority of buyers. When they walk through your home or take a virtual tour, they don’t want to see your personal possessions everywhere. This serves as a distraction and limits their ability to visualize themselves living in the home.
If possible, move out of the home entirely. If not, significantly declutter the home, taking special care to depersonalize it.
Borrow extra storage space from a friend or family member to store your stuff and temporarily house you. Otherwise, rent a storage unit and find a temporary housing option.
4. Get an Official Property Inspection
One of the most common roadblocks when selling properties comes from the inspection. Property inspections are infamous for uncovering unknown issues or damages. This can hinder your sale in multiple ways.
On one hand, it can force you to make expensive and/or timely repairs. On the other hand, it can scare away buyers or give them leverage to undercut your asking price.
By opting for an inspection before listing your home on the housing market, you can avoid nasty surprises when you have an offer on the table.
5. Decide Which Repairs and Renovations to Complete
After your home inspection, you can decide what you want to do based on the results. If there aren’t any major issues, you can put the house on the market.
However, if there are major issues like outdated electrical, faulty wiring, mold, water damage, a leaking roof, negative drainage, or anything else that can affect the sale, you’ll need to adjust your course. Alternatively, you can decide to sell the home as-is or as a “fixer-upper.” This option will limit the potential buyers and how much you can ask for the home.
If you need to sell the home as soon as possible or don’t have the money to make any repairs, you may need to consider other alternatives. For example, find a cash home buyer who will buy a house in any condition. These companies can be lifesavers if you’re facing foreclosure, going through a divorce, need to move for work, etc.
6. Clean the House Meticulously
Once all of the repairs and renovations are completed, it’s time o make the home look as pristine as possible. Spend as much time as it takes to deep clean the house from top to bottom.
Here’s a quick cleaning checklist:
- Vacuum and steam clean the carpets
- Sweep and scrub hard floors
- Clean all horizontal and vertical surfaces
- Sanitize the kitchen and bathrooms
- Remove all signs of pets
- Clean all appliances inside and out (including laundry room appliances)
- Clean all windows and mirrors
- Clean out all built-in storage (shelves, drawers, etc.)
If you don’t have the time, ability, or inclination to do all of this cleaning, hire a professional cleaning service. Making a good first impression on potential buyers is absolutely essential. A dirty home will not accomplish this.
7. Improve Your Curb Appeal
When selling properties, you must pull people in with curb appeal. This is especially important for people driving by who see your “for sale” sign in the yard. Good curb appeal is like an alluring book cover – it should make the viewer want to peek inside.
Keep the grass cut short and the weeds pulled. Trim trees, bushes, hedges, and all other vegetation to present a clean and organized aesthetic.
If the exterior paint is peeling or faded, it needs a fresh coat of paint. Peeling or chipped paint can also be a disqualifying factor for certain home loans.
8. Stage the Home
Whether your property listing is for sale by owner or you’re using a realtor, we recommend professionally staging the home. Typically, selling properties that are professionally staged means making a sale 73% faster. Staged homes also tend to sell for more money.
If you can’t afford a professional home stager, learn how to stage a home yourself using the furniture you have. The key is making sure the house flows. Keep your design minimalistic and relatively neutral.
The goal is to show buyers the potential of each room. It can help them visualize life there without distracting them with too much personalization.
Looking for More Tips for Selling Properties?
Selling properties isn’t always easy. Fortunately, by following the steps listed above, you can optimize your results and get your home sold as quickly as possible. Remember to keep an open mind and make the effort to make your home more appealing to buyers.
And if you’re looking for more fantastic tips and advice, check out some of our other articles while you’re here. Our blog covers everything from real estate selling and buying to home decor, financial advice, and more.